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Orange Corporation acquired new office furniture on August 15, 2013, for $130,000. Orange did not elect immediate expensing under 179. Orange takes addi- tional first-year

Orange Corporation acquired new office furniture on August 15, 2013, for $130,000. Orange did not elect immediate expensing under 179. Orange takes addi- tional first-year depreciation. Determine Orange's cost recovery for 2013.

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